SPONEROVÁ, Martina. BANCRUPTCY PREDICTION: THE CASE OF THE CZECH REPUBLIC AND SLOVAKIA. Online. In Vuk Bevanda, PhD, Associate Professor, Faculty of Social Sciences, Belgrade, Serbia. Fifth International Scientific Conference ITEMA 2021 Recent Advances in Information Technology, Tourism, Economics, Management and Agriculture. Serbia: Association of Economists and Managers of the Balkans, Ustanicka 179/2 St. 11000 Belgrade, Serbia, 2021, p. 65-72. ISBN 978-86-80194-50-9. Available from: https://dx.doi.org/10.31410/ITEMA.S.P.2021.65.
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Basic information
Original name BANCRUPTCY PREDICTION: THE CASE OF THE CZECH REPUBLIC AND SLOVAKIA
Authors SPONEROVÁ, Martina (203 Czech Republic, guarantor, belonging to the institution).
Edition Serbia, Fifth International Scientific Conference ITEMA 2021 Recent Advances in Information Technology, Tourism, Economics, Management and Agriculture, p. 65-72, 8 pp. 2021.
Publisher Association of Economists and Managers of the Balkans, Ustanicka 179/2 St. 11000 Belgrade, Serbia
Other information
Original language English
Type of outcome Proceedings paper
Field of Study 50206 Finance
Country of publisher Czech Republic
Confidentiality degree is not subject to a state or trade secret
Publication form electronic version available online
WWW URL Selected Papers / Fifth International Scientific Conference ITEMA 2021 Recent Advances in Information Technology, Tourism, Economics, Management and Agriculture
RIV identification code RIV/00216224:14560/21:00125031
Organization unit Faculty of Economics and Administration
ISBN 978-86-80194-50-9
ISSN 2683-5991
Doi http://dx.doi.org/10.31410/ITEMA.S.P.2021.65
Keywords in English Bankruptcy prediction; Financial distress; SME; Financial indicator; Logistic regression
Tags International impact, Reviewed
Changed by Changed by: Mgr. Pavlína Kurková, učo 368752. Changed: 31/3/2023 16:14.
Abstract
A considerable number of publications accompanies the research topic of bankruptcy prediction. This has been motivated by the massive toll on SMEs caused by the global crisis of 2007-2009, the recent COVID-19 crisis and the resulting need to update indicators of SME failure. This paper focuses on the Czech and Slovak economy, specifically at small and medium-sized enterprises (SMEs). This article aims to find if there exist different factors that could predict bankruptcy for Czech and Slovak companies. There were investigated 574 czech companies and 889 slovak companies for the period 2010 – 2018. Resulting findings confirm findings of the last years literature review the closer the similarity of businesses, the greater accuracy of bankruptcy models. Further, when a bankruptcy model is developded, it is necessary to sort companies according to different criteria and exploit common used financial indicators with a combination of modified indicators to assess the probability of bankruptcy precisely.
Links
MUNI/A/1219/2020, interní kód MUName: Kryptoaktiva ve finančních výkazech obchodních společností (Acronym: CAST)
Investor: Masaryk University
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